Turpoint: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Turpoint
Largest movements
- Cash +€55,054
up €55,054 (+60.1%), from €91,633 to €146,686
mainly Net result for the year (+€44,372) and Depreciation (+€14,207)
- Tangible fixed assets -€9,284
down €9,284 (-27.0%), from €34,346 to €25,062
of which Leasing and similar rights: -€6,474
- Intangible fixed assets -€4,000
down €4,000 (-30.8%), from €12,975 to €8,975
- Reserves +€44,372
up €44,372 (+49.4%), from €89,735 to €134,107
- Tax, wage and social debts +€12,165
up €12,165 (+70.9%), from €17,164 to €29,329
- Other debts -€6,980
down €6,980 (-54.4%), from €12,821 to €5,840
- Debts after one year -€6,523
down €6,523 (-65.9%), from €9,900 to €3,377
- Trade debts -€2,057
down €2,057 (-53.4%), from €3,849 to €1,792
- Gross operating margin +€12,595
up €12,595 (+21.0%), from €59,914 to €72,508
- Taxes +€2,518
up €2,518 (+27.1%), from €9,279 to €11,797
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,446 | €190,968 | +€40,522 | +26.9% |
| Fixed assets | 21/28 | €47,321 | €34,038 | -€13,284 | -28.1% |
| Intangible fixed assets | 21 | €12,975 | €8,975 | -€4,000 | -30.8% |
| Tangible fixed assets | 22/27 | €34,346 | €25,062 | -€9,284 | -27.0% |
| Plant, machinery and equipment | 23 | €2,814 | €3,004 | +€190 | +6.8% |
| Furniture and vehicles | 24 | €7,746 | €4,947 | -€2,800 | -36.1% |
| Leasing and similar rights | 25 | €23,005 | €16,531 | -€6,474 | -28.1% |
| Other tangible fixed assets | 26 | €781 | €581 | -€200 | -25.6% |
| Current assets | 29/58 | €103,124 | €156,930 | +€53,805 | +52.2% |
| Amounts receivable within one year | 40/41 | €10,838 | €9,597 | -€1,241 | -11.5% |
| Trade receivables | 40 | €10,676 | €9,578 | -€1,098 | -10.3% |
| Other amounts receivable | 41 | €162 | €19 | -€143 | -88.3% |
| Cash at bank and in hand | 54/58 | €91,633 | €146,686 | +€55,054 | +60.1% |
| Deferred charges and accrued income | 490/1 | €654 | €647 | -€7 | -1.1% |
| Total equity and liabilities | 10/49 | €150,446 | €190,968 | +€40,522 | +26.9% |
| Equity | 10/15 | €99,735 | €144,107 | +€44,372 | +44.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €89,735 | €134,107 | +€44,372 | +49.4% |
| Distributable reserves | 133 | €89,735 | €134,107 | +€44,372 | +49.4% |
| Amounts payable | 17/49 | €50,711 | €46,861 | -€3,850 | -7.6% |
| Amounts payable after more than one year | 17 | €9,900 | €3,377 | -€6,523 | -65.9% |
| Financial debts | 170/4 | €9,900 | €3,377 | -€6,523 | -65.9% |
| Amounts payable within one year | 42/48 | €40,061 | €43,484 | +€3,423 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €6,228 | €6,523 | +€295 | +4.7% |
| Trade debts | 44 | €3,849 | €1,792 | -€2,057 | -53.4% |
| Suppliers | 440/4 | €3,849 | €1,792 | -€2,057 | -53.4% |
| Taxes, remuneration and social security | 45 | €17,164 | €29,329 | +€12,165 | +70.9% |
| Taxes | 450/3 | €17,164 | €29,329 | +€12,165 | +70.9% |
| Other amounts payable | 47/48 | €12,821 | €5,840 | -€6,980 | -54.4% |
| Accrued charges and deferred income | 492/3 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,648 | €14,207 | +€558 | +4.1% |
| Other operating charges | 640/8 | €1,250 | €1,266 | +€16 | +1.3% |
| Gross operating margin | 9900 | €59,914 | €72,508 | +€12,595 | +21.0% |
| Operating profit (loss) | 9901 | €45,015 | €57,035 | +€12,020 | +26.7% |
| Financial income | 75/76B | €18 | €1 | -€17 | -95.3% |
| Recurring financial income | 75 | €18 | €1 | -€17 | -95.3% |
| Financial charges | 65/66B | €1,085 | €868 | -€217 | -20.0% |
| Recurring financial charges | 65 | €1,085 | €868 | -€217 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €43,948 | €56,168 | +€12,220 | +27.8% |
| Income taxes | 67/77 | €9,279 | €11,797 | +€2,518 | +27.1% |
| Profit (loss) for the period | 9904 | €34,670 | €44,372 | +€9,702 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,670 | €44,372 | +€9,702 | +28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.